City Tokyo Financial News

Here is the list of award money athletes get for finishing on the podium in Olympics. Hong Kong and Singapore top the list for the highest cash payouts for Olympic victories.

Paris Olympics nears its conclusion, India's presence has dwindled to just two events. On Saturday, wrestler Reetika Hooda will compete in the Freestyle 76kg category while Aditi Ashok and Diksha Dagar will contest in the final round of women's golf. Meanwhile, Reetika Hooda is India's last chance for a seventh medal in women's 76kg wrestling. With the golf events not yielding favorable results on Friday, the focus shifts to Hooda. Golfers Aditi Ashok and Diksha Dagar both finished Round 2 with a 1-under par score. However, they will need exceptional performances in the remaining rounds to challenge the top contenders.

Tata Motors to Maruti Suzuki, Japan's Toyota Motor Corporation (TMC) and China's BYD set to take the covers off a slew of vehicles, many in the electric vehicle segment, at the Bharat Mobility Show to be held in January next year. The number of vehicle makers who have confirmed attendance for the upcoming edition of the show is four times that seen in 2023, and highest-ever since the auto expo started in 1986. The participation is also significantly higher than that seen at the 'Big Five' — the five major auto shows held globally in Geneva, Munich, Detroit, Paris and Tokyo — where participation has been dwindling amid high costs and lower footfalls. While 13 carmakers participated at the Munich Auto Show in its latest edition, 20 showed up for the Geneva Motor Show held between Feb 26 and March 3 this year. The mobility shows in Paris and Tokyo saw participation from 11 and 22 vehicle makers, respectively. Around 13 automakers showcased 35 vehicle brands at the Detroit Auto Show last year.

The new series, The Braxtons, is set to make its debut soon, promising a fresh look at the family's dynamics amidst recent changes.

TOKYO—The Bank of Japan’s policy board was moving to raise rates above zero when its youngest member spoke up in dissent. He was nervous about whether the stock market might take a dive and commented, “The cost of waiting is not all that high." Kazuo Ueda was outvoted 7-2 on that day in August 2000, but the prescient call made his reputation. Soon the dot-com bubble burst and the central bank had to ease policy again.

Raven Saunders identifies as a non-binary and become a topic of major conversation around this year's Olympics, which was quite problematic and controversial, while some others have encouraged the athletes' spirit, which had earlier won a silver medal in the women's shot put at the Tokyo 2020 Olympics.

PARIS—Carlos Yulo won two Olympic gold medals for the Philippines. As it turned out, that was just the beginning of the gymnast’s epic prize haul. At home, he will get a congressional medal and at least $350,000 from the government.

tech capital of India, Bangalore has topped the list of 20 APAC cities with the largest flexible office stock at 15.5 million square feet, surpassing cities such as Shanghai, Seoul, and Tokyo. Following Bangalore, Delhi NCR ranks second with a total flexible office space stock of 10.7 million square feet as of June 2024, mentioned CBRE. Recent growth in the Asia Pacific flexible office space market has been primarily driven by Indian cities, where the expansion is supported by the demand for managed solutions offered by domestic flexible office operators.

gender controversy at the Paris Olympics, BBC host Steve Backley found himself in the spotlight for using incorrect pronouns when introducing American shot putter Raven Saunders during the 2024 Paris Olympics. Saunders, 28, who identifies as non-binary and uses «they/them» pronouns, was competing in the women’s shot put qualifying round when the incident occurred. Saunders, known for their silver medal win at the Tokyo Olympics and their bold, colourful persona, appeared on the field with hair dyed green and purple and a mask covering much of their face. Backley, however, repeatedly referred to Saunders as «her» during the broadcast, prompting his co-host, Jazmin Sawyers, to correct him live on air. Sawyers gently reminded him, saying, «Raven Saunders is actually non-binary and wearing the mask there, we’re quite used to seeing them with interesting attire.»

Neeraj Chopra gave India its first silver medal at the Paris Olympics. It was his second medal after the gold medal at the Tokyo Olympics. In the javelin finals, however, only one throw of Neeraj's five attempts was counted. During the finals, all athletes get five attempts. After the first three attempts, only the top eight advance to the second round, where they get three more attempts.

Neeraj Chopra missed the chance to defend his Olympic gold on Friday and settled for silver with a best throw of 89.45 meters in the men's javelin final at the Paris Olympics. Pakistan’s Nadeem Arshad, who finished 5th at the Tokyo Olympics, clinched gold with a monstrous throw of 92.97 meters, setting a new Olympic record. Chopra, comfortably ahead in qualifiers and favourite to win, looked off his best form. His best throw of 89.45 meters came on his second attempt. He committed four consecutive fouls in his final four attempts.

Metaplanet Inc., a publicly traded Japanese company, announced it has secured a loan of one billion Japanese yen ($6.8 million) with an annual interest rate of 0.1% to acquire more Bitcoin.

«The Nifty saw a relief rally today, but volatility cannot be ruled out. All eyes will be on RBI policy outcome on Thursday where the committee is expected to maintain the interest rate. Hence, interest-sensitive sectors and stocks would be in focus,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

One of the warning signs that an investment banking franchise is in trouble is that memos start going round the office telling everyone that business class travel is being curtailed . It tends to be followed by strict limits on client entertainment, or even the banning of particularly popular and expensive restaurants.

Three years ago in Tokyo, NBC's Peacock streaming service was a laughingstock, riddled with glitches and unfulfilled promise

Japanese technology giant SoftBank Group has reported a smaller loss for the April-June quarter compared to a year earlier

Stocks rose on Wall Street as calm returned to the market a day after its worst drop in nearly two years

Japanese automaker Nissan says it has developed a «cool paint” that can keep people inside cars cooler

Japan's benchmark Nikkei 225 share index has soared as much as 10.7% a day after it plunged a near record 12.4%

Sony says its profit rose 6.5% in the last quarter on robust demand for its video games, films and music

Honda has reported an 8.7% increase in its fiscal first quarter profit as strong sales of hybrid vehicles in Japan and the U.S., and motorcycles in India and Brazil, boosted the Japanese automaker’s earnings